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Business News

Thursday, Aug 17, 2017 at 08:54 AM PDT

Docs Criticize Move by Top Drug Middleman to Limit Opioids

Docs Criticize Move by Top Drug Middleman to Limit Opioids

The nation's largest pharmacy benefit manager will soon limit the number and strength of opioid drugs prescribed to first-time users as part of a wide-ranging effort to curb an epidemic affecting millions of...

Wednesday, Aug 16, 2017 at 06:50 PM PDT

Design Tech High at Oracle's HQ to Open in January

Design Tech High at Oracle's HQ to Open in January

A unique school will soon open on the campus of one of the Bay Area's biggest and most successful tech companies.

Wednesday, Aug 16, 2017 at 02:54 PM PDT

Facebook Bans White Nationalist's Accounts Over Hate Speech

Facebook Bans White Nationalist's Accounts Over Hate Speech

Facebook has banned the Facebook and Instagram accounts of a white nationalist who attended the rally in Charlottesville, Virginia, that ended in deadly violence. Facebook spokeswoman Ruchika Budhraja tells The...

Tuesday, Aug 15, 2017 at 03:31 PM PDT

After Sales Scandal, Wells Fargo Announces Board Shakeup

After Sales Scandal, Wells Fargo Announces Board Shakeup

Wells Fargo announced a board shakeup Tuesday, including the coming retirement of three directors, in a restructuring effort following the bank's consumer sales scandal, CNBC reported. Elizabeth "Betsy" Duke...

Tuesday, Aug 15, 2017 at 10:17 AM PDT

Costco Must Pay $19 Million for Selling 'Tiffany' Rings

Costco Must Pay $19 Million for Selling 'Tiffany' Rings

Costco has been ordered by a federal judge to pay Tiffany & Co. more than $19 million for selling diamond rings that were identified as “Tiffany.” In her ruling, Manhattan judge Laura Taylor Swain wrote that...

Saturday, Aug 12, 2017 at 09:22 PM PDT

Facebook Anonymously Launches an App in China

Facebook Anonymously Launches an App in China

Facebook anonymously launched a new photo-sharing app in China in a new effort to make inroads in the world's most populous country.

Tuesday, Aug 15, 2017 at 06:20 AM PDT

The TV-Streaming Paradox: Why You May Miss the Cable Bundle

The TV-Streaming Paradox: Why You May Miss the Cable Bundle

The future of TV may well be a mishmash of streaming services that could rival the cost of a $100 cable bundle — but that are way more difficult to use. Disney's plan for two new streaming services (and...

Friday, Aug 11, 2017 at 05:18 AM PDT

Wall Street Starts to Pay Attention to North Korea Tensions

Wall Street Starts to Pay Attention to North Korea Tensions

Wall Street reaction to threats between President Donald Trump and officials in North Korea was muted earlier in the week, but cracks are beginning to show, NBC News reported. The Dow saw its biggest dip since...

Friday, Aug 11, 2017 at 03:52 AM PDT

Applebee’s to Shutter More Than 100 Restaurants

Applebee’s to Shutter More Than 100 Restaurants

DineEquity, the parent company of Applebee’s, announced Thursday it will close more than 100 of the chain’s locations. The announcement came with the release of the company’s second-quarter...

Thursday, Aug 10, 2017 at 03:51 PM PDT

More Uber Woes: Exec Resigns, Investor Sues Ousted CEO

More Uber Woes: Exec Resigns, Investor Sues Ousted CEO

Uber Technologies Inc. faced a fresh round of turmoil Thursday, with its global operations chief resigning and a major investor suing the ride-hailing company's former CEO. Ryan Graves told Uber staff in an...

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